5
Map
902 2nd Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2025 | Listed by Douglas Elliman | $2,995,000 | |
| Listed by Douglas Elliman | |||
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Touchstone-Webb Realty Co. | $750,000 | |
| Listed by Touchstone-Webb Realty Co. | |||
| | |||
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PRIME vacant land opportunity in a fantastic location of ever-growing Downtown West Palm Beach, the new ''Wall Street South''. 902 2nd Street is a double-lot parcel totaling 0.3282 Acres, located directly behind the new Flagler Station Apartments on Banyan Boulevard. Zoned QBD-3 Quadrille Business District.This property is being sold with 914 2nd street, also vacant, at 0.1641 Acres with the same zoning. The advertised price is for both properties.
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| Mar 15, 2007 | Sold | ||
| Sold | |||
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About West Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017